Form 4: Director Jill Bright Acquires Shares of WideOpenWest, Inc. (WOW) in Lieu of Fees

Sentiment:

SEC Form 4 Filing


Jill Bright, a director of WideOpenWest, Inc., acquired 2,595 shares of common stock at $4.96 per share in lieu of retainer and meeting fees on January 2, 2025.

Summary

  • On January 2, 2025, Jill Bright, a director of WideOpenWest, Inc. (WOW), acquired 2,595 shares of common stock.
  • The shares were acquired in lieu of retainer and meeting fees.
  • The price per share was $4.96.
  • Following the transaction, Bright directly owns 162,109 shares of WOW common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is a routine acquisition of shares in lieu of fees, indicating neither significant positive nor negative implications for the company's performance.

Positives

  • Director's acquisition of shares demonstrates confidence in the company.
  • The acquisition in lieu of fees conserves company cash.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of shares, which can be interpreted as a positive signal, but the impact is limited as it's in lieu of fees.

Stakeholder Impact

  • The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
01/02/2025Date of transaction: Jill Bright acquired 2,595 shares of WideOpenWest, Inc. common stock.
01/06/2025Date of signature on the Form 4 filing.

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